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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

10) Business bank account and credit card. A separate bank account will make management easier, and it will help protect your personal assets. 11) Accounting. Accounting is essential to manage expenses and study how well your business is doing financially. 12) Licenses and permits.

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The Right Accounting Software Can Increase Your Profits

Contractor Bookkeeping

Most construction business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses, and view real-time financial reports to manage cash flow and make better business decisions. What three reports do you need for your construction business? #1

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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor. Retention receivable and payable is different from accounts receivable and payable. View profile.

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The upside of job costing: More accurate estimates means more money in the bank

Lets Build

In a recent study of self-identified business owners, accountants, bookkeepers, estimators, and finance managers within the construction industry, 1. Yet having at least some understanding of cost analysis isn’t just desirable—it’s necessary.

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Grant Kueper, from black cat to construction management

The Korte Company

Dad is an Edward Jones agent who spent his life in finance and banking. Mom recently retired as a campus recruiter for PWC, focusing on accounting students at the University of Missouri. Grant took a different path, choosing to work in construction management. Construction management’s where it’s at.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. Mountjoy, Chilton, Medley LLP is a CPA firm with a team of accountants dedicated to construction accounting. Crunch the numbers – Banks like proactive business owners.

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Tips For Working With Banks And Lenders In The Construction Industry

Contractor Bookkeeping

If your company is experiencing rapid growth, you might find yourself navigating a good news/bad news situation: while your sales figures climb, managing cash flow becomes increasingly complex, pushing you to seek additional financing to meet the rising demand.

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